Technologies

BIOMETRIC COIN

Today the vast majority of modern authentication implementations strive to maximize both security and convenience; that is the way to make it as difficult as possible for a fraudster to steal or spoof the rightful user’s authentication factors (e.g. device, password, token, biometric).

TRUSTO interference for the TRUSTO ecosystem with access to the protected asset or service for the rightful user using Trusto Hybrid Biometrical Blockchain.

TRSUTO biometrical document blockchain is the beneficiary of this new technology of the Trusto Hybrid Biometrical Blockchain.

But while Trusto Hybrid Biometrical Blockchain.transaction signing is leaps and bounds better than using passwords or tokens, even that isn’t a foolproof method: without anti-tampering mechanisms, the log can still be corrupted. The digital signature prevents tampering with individual entries, but entries could be falsified by deleting existing entries or adding counterfeit summaries. That means some of the scenarios I outlined previously that could be headed off by using biometric authentication — a trader denying responsibility for a bad transaction; redirecting funds through a falsified account — could nevertheless be covered up if the Trusto Hybrid Biometrical Blockchain for the criminal accessed and rewrote the transaction on the log.

ARTIFICIAL INTELIGENCE

The most dangerous threat of handing over security to AI TRUSTO systems is the magnitude of damage that may happen during a breach. While current solutions focus on preventing attacks or patching the harm, in the event of an AI TRUSTO hacking by another system, the loss would be in a different magnitude class. The explanation resides in the fact that machine learning systems use data to learn. Hacking through such a system gives malware the opportunity to either reverse engineer the path of the original system or even access data is possible with COLD STORAGE Technology made by TRUSTO.

AI TRUSTO Solutions for Cyber Security

Automation and false positives

Although informatics systems are prone to failure and attacks, they are a necessary help to overwhelmed security engineers. There is a growing shortage of cyber security specialists, and the mix of high-value actions and routine tasks should be divided between man and machine. Computers are expected to automatically perform daily tasks like analysing network traffic, granting access based on some set of rules and detecting abnormalities, while the cyber security specialists can work on designing algorithms and studying emerging threats. Removing false positives is also one of the main tasks that require human assistance and one of the reasons why AI TRUSTO is not ready to take over security completely.

DOCUMENT BLOCKCHAIN

Today the vast majority of modern authentication implementations strive to maximize both security and convenience; that is the way to make it as difficult as possible for a fraudster to steal or spoof the rightful user’s authentication factors (e.g. device, password, token, biometric).

TRUSTO interference for the TRUSTO ecosystem with access to the protected asset or Document for the rightful user using Trusto Hybrid Biometrical Blockchain. TRSUTO biometrical document blockchain is the beneficiary of this new technology of the Trusto Hybrid Biometrical Blockchain.

But while Trusto Hybrid Biometrical Blockchain. transaction signing is leaps and bounds better than using passwords or tokens, even that isn’t a foolproof method: without anti-tampering mechanisms, the log can still be corrupted. The digital signature on TRUSTO Document Blockchain prevents tampering with individual entries, but entries could be falsified by deleting existing entries or adding counterfeit summaries. That means some of the scenarios I outlined previously that could be headed off by using biometric authentication — a trader denying responsibility for a bad transaction; redirecting funds through a falsified account — could nevertheless be covered up if the Trusto Hybrid Biometrical Blockchain for the criminal accessed and rewrote the transaction on the log.

BIOMETRIC SIGNATURE

Today the vast majority of modern authentication implementations strive to maximize both security and convenience; that is the way to make it as difficult as possible for a fraudster to steal or spoof the rightful user’s authentication factors (e.g. device, password, token, biometric).

TRUSTO interference for the TRUSTO ecosystem with access to the protected asset or service for the rightful user using Trusto Hybrid Biometrical Blockchain.

TRSUTO biometrical document blockchain is the beneficiary of this new technology of the Trusto Hybrid Biometrical Blockchain.

But while Trusto Hybrid Biometrical Blockchain.transaction signing is leaps and bounds better than using passwords or tokens, even that isn’t a foolproof method: without anti-tampering mechanisms, the log can still be corrupted. The digital signature prevents tampering with individual entries, but entries could be falsified by deleting existing entries or adding counterfeit summaries. That means some of the scenarios I outlined previously that could be headed off by using biometric authentication — a trader denying responsibility for a bad transaction; redirecting funds through a falsified account — could nevertheless be covered up if the Trusto Hybrid Biometrical Blockchain for the criminal accessed and rewrote the transaction on the log.

LESS 80%
ENERGY

Electricity Power Consumption According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site’s calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days. However, we can make some educated guesses.

For starters, we know the industry’s revenue: Bitcoin miners currently generate 75 bitcoins per hour, which, at the current price of around $12,500 per bitcoin, translates to $937,500 per hour, or more than $8 billion per year. According to our research and study we can achieve an 80% reduction of the electricity power consumed. Lost Transactions and Tokens According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one.

Those numbers imply 17% to 23% of existing bitcoins. TRUSTO’s Hybrid Biometric Blockchain (HBB) has a proprietary technology where every transactions and accident has the possibility to be recovered and to restore any loss of data or transactions.

COLD
STORAGE

Trusto Blockchain Cold storage means that the private keys for any coin or token are held in an offline machine and are never online. Using blockchain.info means that you are online, and the private keys are held in your Hardware Wallet . Furthermore, cold storage means that you have sole control of your private keys.

When is store your private keys on your own devices, that means that you have full control of the private keys. That means that if you need the private keys for something like cashing out your coin or token , then you are able to do so. It also means that your coins are less likely to be stolen by someone.

100 TIMES
FASTER

Bitcoin has established itself as the «digital gold», and Ethereum has proved to be an efficient platform for token crowd sales. However, there is no current standard cryptocurrency used for the regular exchange of value in the daily lives of ordinary people. The blockchain ecosystem needs a decentralized counterpart to everyday money — a truly mass-market cryptocurrency.

Despite their revolutionary potential, existing cryptocurrencies lack the qualities required to attract the mass consumer. There are three main hurdles in today’s environments: The established blockchain networks — Bitcoin and Ethereum — play important roles in the ecosystem, but don’t have the capacity to replace VISA or Mastercard. In their current architecture they are limited to a maximum of only 7 transactions per second for Bitcoin and 15 transactions per second for Ethereum, resulting in insufficient speeds and higher transaction costs.

Regular users starting to engage with Bitcoin and similar technologies often get confused when trying to buy, store, and send their coins. The market of goods and services that can be bought with cryptocurrencies is limited, and the demand for crypto-assets comes mainly from investors, not consumers.

Our proposal is 1500 transactions per second.

ASSET
RECOVERY

TRUSTO’s Hybrid Biometric Blockchain (HBB) self-amending crypto-ledger is a new technology of blockchain used for high security encryptions assets and data, consuming less than 80% of energy as used today by Ethereum.

TRUSTO’s Biometric Documents Blockchain (BDB) is a new technology of blockchain used for high security encryptions assets of document in full storage of documents and data (no limit size in blockchain, never made before).

TRUSTO’s Hybrid Biometric Smart Contract (HBS) is a combination of HBB, BDB and HBS in the smart contract technology arena and is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties.

TRUSTO’s PoS, Proof-of-Stake, is a type of algorithm by which a cryptocurrency blockchain network aims to achieve random distributed consensus.

TRUSTO’s PoW, Proof of Work, mining for reasons of P2P networks.

TRUSTO’s Proof-of-Asset Protocol (PoA), or proof of funds (POF), is a document or statement proving that a person has the financial ability to perform a transaction.